Directorate Change

BARONSMEAD VCT 2 PLC

3 February 2011

APPOINTMENT OF A NEW DIRECTOR

The Board of Baronsmead VCT 2 plc is pleased to announce that Christina McComb
has been appointed as a Director of the Company with effect from 3 February
2011.

Christina McComb is an experienced venture capital investor and fund manager,
spanning both private and public sectors.

Christina is currently a director of Partnerships UK plc ("PUK"), a public
private partnership. She is responsible for PUK's investment activities,
investing in early stage companies emerging from UK universities and research
organisations. Christina is currently a non-executive director of Engage Mutual
Assurance and Nexeon Ltd and is a Governor of Surbiton High School.

Previously, she was a director of the Shareholder Executive, an agency
established in 2003 to manage the Government's shareholdings in publicly owned
companies such as Royal Mail, British Nuclear Fuels, UK Atomic Energy
Authority, Ordnance Survey, Met Office, QinetiQ and CDC. Christina was formerly
a director of 3i, a leading UK and European private equity company. In her 14
years at 3i, Christina undertook a number of investment and portfolio
management roles and prior to this Christina was a member of HM Diplomatic
Service.

Clive Parritt, Chairman of Baronsmead VCT 2 plc, commented:

"Christina complements the Board and brings particular experience of working
with public organisations as well as venture capital backed companies."

In accordance with the requirements of Listing Rule LR 9.6.13, the Company
confirms that Christina was formerly a Director of Morgan Everett Ltd which was
wound up through a voluntary Creditiors Liquidation on 22 February 2010.

No additional details need to be disclosed in respect of paragraphs 9.6.13(1)
to (6) of the UK Listing Authority's Listing Rules.

For further information please contact:

Michael Probin Investor Relations ISIS EP LLP: 020 7506 5796